Tag Archives: unemployment

Economic Snapshot: Unemployment rate dips to 5.1 percent

Employment gains continue to increase slowly month-by-month but are still moving in the right direction. This month, unemployment dipped marginally after a decline in July. Employment situation Total nonfarm payroll employment increased by 173,000 in August and the unemployment rate decreased to 5.1 percent. The number of unemployed persons declined to 8.0 million. Over the year, the unemployment rate and the ...

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Unemployment rate drops to seven-year low

U.S. employers added 223,000 jobs in April, dropping the nation's unemployment rate to 5.4 percent. Unemployment dropped from 5.5 percent in March to 5.4 percent in April, it's lowest rate since May 2008. The 223,000 jobs added was slightly below expectations but well ahead of the sluggish start to the year. March's jobs added, already disappointing at 126,000, was revised ...

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203K jobs added, unemployment dips to 7%

Today's latest employment data from the U.S. Bureau of Labor Statistics is somewhat of a shocker, with a reported 203,000 new jobs added to the American economy. The data also showed the unemployment rate dipping down three tenths of a percent to an even 7 percent, which is the lowest it's been at any point during the last five years. According ...

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